Spring seeding in Manitoba neared the halfway mark during the week ended May 21, with 47 per cent of intended acres in the ground, according to the latest provincial crop report. That compares with 30 per cent the previous week and the five-year average of 52 per cent done.
Canola
Manitoba seeding progress nears halfway mark
AAFC raises canola carryout projections, wheat to tighten
Canadian canola exports in both 2023/24 and the upcoming new crop year are unlikely to live up to earlier expectations, causing ending stocks of the oilseed to rise, according to updated supply/demand estimates from Agriculture and Agri-Food Canada (AAFC), released May 21.
Alberta Crop Report: Much-needed moisture replenishes province
The rains that fell onto south, central and northeastern Alberta during the week ended May 14 were a mixed blessing for growers according to the provincial government’s crop report released on May 17.
Ducks Unlimited and PepsiCo offer financial incentive
Farmers enrolled in Ducks Unlimited's Marginal Areas Program may be eligible for additional financial incentives.
Canada’s crush boom to benefit Aussie canola
A significant increase in domestic crush capacity is expected to lower exports and reduce competition for Australia
Commonwealth Bank of Australia is forecasting reduced competition from its main competitor and continued strong demand from its top export market.
How Ontario crops are shaping up so far
OMAFRA Field Crop Report for the week of May 9
Cereals Winter wheat is advanced by 10-14 days in southern Ontario compared to other years, particularly in early planted fields. Fields in Essex are now at the early boot stages. […] Read more
Going deeper on plant roots
Company plans to decrease drought risk, increase carbon sequestration with gene editing
An American company is gene editing plant roots to make them grow larger, creating plants that better tolerate drought and sequester more carbon. Cquesta CEO Michael Ott told the Agri […] Read more
ICE canola weekly outlook: Uptrend intact, but watching weather
ICE Futures canola contracts climbed to their highest levels of 2024 in early May before taking a step back on May 8. While the uptrend is still intact, improving moisture conditions across Western Canada could limit any further gains.
ICE Canada Weekly: Almost no chance of bullish path for canola
There are simply too many bearish factors that continue to weigh on canola values, leaving the oilseed unable make any sort of turnaround in early May, according to Tony Tryhuk of RBC Dominion Securities in Winnipeg.
Prairie groups raise concerns about proposed Bunge-Viterra merger
Concentration of services at the Port of Vancouver, consolidation of crush capacity could cost producers billions, report says
A group of Prairie producer groups say the proposed merger between Bunge and Viterra is likely to cause substantial economic harm to farmers.
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